GE invests in new technologies to deliver record backlog

GE Aviation has a business backlog of US$154b and expects to deliver more than 2,800 large commercial engines this year, the company said. The backlog is a company record and represents a 48% growth in 3 years. GE Aviation president and CE David Joyce said the past 10 years was a “unique era” in commercial aviation for product development and investment. GE, with partner companies Safran in the CFM International joint venture and Pratt & Whitney in the Engine Alliance JV, expects to deliver more than 2,800 large commercial engines in 2016 and 10,000 between 2015 and 2020. <br/>
ATW
http://atwonline.com/aircraft-engines/ge-invests-new-technologies-deliver-record-backlog
7/9/16